引用:
原帖由 eatallcheesecak 於 2007-7-13 08:46 AM 發表
Are the bids or asks bounded to be executed within the "pre-order matching period 9:45am - 9:50am" if matching can be made?
Thanks.
can't fully understand your question but I guess the answer would be -
the matching will be made for the volume at the cutoff at 9:50 am sharp. And it all depends on the volume on each side. Eg. if bid = 100K, and offer = 150K, 100K will be matched and if the balance 50K is auction order, it will be automatically cancelled but if they are limit order, they will remain on board and carry thru to 10 am.
If your question is about the timing, no, the matching won't happen during that 5 min. as one can put in more auction orders until 9:49:59